Replaced with revised version of paper 07/22/10.

This study analyses potential adverse effects of unilateral increase in GHG emission standards. The single good two regions partial equilibrium model of international trade is used to derive and interpret the conditions under which such an increase will lead to a reduction in a total level of...

The US held the largest share in the Japanese sorghum market for 20 years. However, in recent years Australia’s share of the same market has been constantly growing to claim the top position despite the fact that the US sorghum price is cheaper in that country. The ratio of US vs Australian...

The competition between the U.S. and the E.U. agricultural subsidies during 1980s decreased the world prices in agricultural and food markets but caused an extensive distortion in the international trade of agricultural and food products. Under these circumstances, World Trade Organization (WTO)...

Replaced with revised version of paper 09/01/09.

We present a general equilibrium model with oligopsonistic market structure in one of the sectors. Buyers of inputs can set the price of inputs by being involved in rent seeking activities. The framework developed is applied to the Bulgarian economy in particular to the agro-food chain. From the...